Prospects of MBA in current economic scenario?

hello,
i want to do MBA from an international B school. 4 year of management experience after PG (construction management). ok academics. GMAT score 680.

i am a bit confused whether to apply in UK/European B-schools or U.S. B-Schools.
Since the global economy is on a downturn so what can be the job prospects for international students in the global markets after MBA from these american/european B-schools as one really has to invest a lot of money in it. what would be the payback period is one of the big question.
Moreover in the backdrop of the current economic events one can say that the markets like singapore and hongkong are also the future hubs of business activities.
so whether one should spend 40-50 lacs for US/UK MBA or should go for B schools of singapore /hongkong which has lesser tution fees comparatively.

Re: Prospects of MBA in current economic scenario?

Hi,

You have done a very good research on MBA and its scope.

To some extent I agree with you but, as you are aware that only top 10 / 20 colleges are charging such huge tuition fees
in UK / USA, right. Apart from that there are many best B-School or Universities which are providing MBA courses with
placements too.

So as you have said spending 50 lacs for MBA is only for those people who are already having a very good business background
and straight away they can start working on their systems / or entrepreneurship.
It is wise to do MBA from little less expensive keeping in view the Return on Investment..

Therefore, you can try from Singapore like SMU or any other good B-Schools which are also offering campus placements.
I think that 75% of the tuition fees are being given as CTC to a candidates these days, this is not for those who have
exceptional qualities who can even claim for a 1 crore CTCs OK. Other wise in Singapore I think they are charging anything
not less than 12 lacs in Indian currency or so.. plus your living expenditures..